USD/EUR Bearish Momentum: 0.94% Down In The Last 10 Sessions

(VIANEWS) – USD/EUR (USDEUR) has been up by 0.94% for the last 10 sessions. At 08:07 EST on Wednesday, 11 October, USD/EUR (USDEUR) is $0.94.

USD/EUR’s yearly highs and lows, it’s 6.314% up from its 52-week low and 9.144% down from its 52-week high.

Volatility

USD/EUR’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.25%, a positive 0.03%, and a positive 0.31%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.25% (last week), 0.29% (last month), and 0.31% (last quarter), respectively.

Forex Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, USD/EUR’s Forex is considered to be overbought (>=80).

News about

  • Usd/jpy treading water near 148.60 as investors sniff out US inflation figures. According to FXStreet on Wednesday, 11 October, "The USD/JPY continues to soar high above the 200-day Simple Moving Average (SDMA), which is currently riding up into the 139.00 chart region, with technical support for the pair currently sitting near 147.00 from the 50-day SMA.", "The long-term trend outlook for the USD/JPY is exceedingly bullish, with the Greenback trading well above the median against the Yen. "
  • Usd/jpy technical analysis: demand for buying safe havens – 10 October 2023. According to DailyForex on Tuesday, 10 October, "Accordingly, the USD/JPY currency pair jumped towards the resistance level of 149.23 before settling around the level of 148.70 at the time of writing the analysis. ", "Therefore, USD/JPY is likely to continue rising as buyers target the next major resistance level at 151.96 (October 22 high). "
  • Usd/jpy drops on risk-aversion spurred on middle-east tensions, falling US bond yields. According to FXStreet on Monday, 9 October, "The USD/JPY remains neutral to upward bias, with price action remaining above the Ichimoku Cloud (Kumo). ", "On the other hand and the path of least resistance, the USD/JPY could test the 150.00 figure, but first it needs to conquer 149.00"
  • Usd/jpy price analysis: struggles to capitalize on modest intraday bounce from one-week low. According to FXStreet on Tuesday, 10 October, "A generally positive risk tone is seen undermining the safe-haven Japanese Yen (JPY) and turning out to be a key factor lending some support to the USD/JPY pair. ", "From a technical perspective, the USD/JPY pair now seems to have found acceptance below the 100-period Simple Moving Average (SMA) on the 4-hour chart. "
  • Usd/jpy oscillates at around 148.60 amidst dovish fed remarks, risk-on impulse. According to FXStreet on Tuesday, 10 October, "Nevertheless, the USD/JPY rally was capped by the US Treasury bond yields plunge as the 10-year benchmark note sits at 4.632%, dropping 17 basis points since Monday."

More news about USD/EUR (USDEUR).

Leave a Reply

Your email address will not be published. Required fields are marked *